ST MICHAEL'S CHURCH CENTRE LIMITED
St Michael's Church Centre Ltd operates the St Michael's Church Centre to serve both the Parish of St Michael's Stoke Gifford and the community as well as the wider church and to advance the Christian religion.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total reserves of £6,025,328, with free reserves of £88,350, which is above the stated policy target of £92,933. The Trustees report that the charity remains financially healthy and solvent for the foreseeable future, having fully repaid all external loans during the year.
What the accounts disclose
“The primary source of incoming funds is the sacrificial donations (both regular and one-off) from individual members of St Michael's Church congregation.” — page 4
“It is the intention that general reserves will be at least 3 months' annual operating expenditure of running the Church Centre, which currently equates to £92,933 based on 2024 operating expenditure.” — page 4
“During the year, a contribution of £145,000 (2023 - restated to £157,903) was received from Stoke Gifford PCC in recognition of the use of the Church Centre and Old School Rooms for church activities.” — page 30
“Contributions of £34,464 (2023 - £32,724) and £96,394 (2023 - £77,408) have been paid to Stoke Gifford PCC in recognition of work carried out by employees who are jointly employed by the PCC and SMCC, for administration and building maintenance of the Church Centre respectively.” — page 30
“During the year, a contribution of £145,000 (2023 - restated to £157,903) was received from Stoke Gifford PCC in recognition of the use of the Church Centre and Old School Rooms for church activities.” — page 30
“Contributions of £34,464 (2023 - £32,724) and £96,394 (2023 - £77,408) have been paid to Stoke Gifford PCC in recognition of work carried out by employees who are jointly employed by the PCC and SMCC, for administration and building maintenance of the Church Centre respectively.” — page 30
“During the year, a contribution of £145,000 (2023 - restated to £157,903) was received from Stoke Gifford PCC in recognition of the use of the Church Centre and Old School Rooms for church activities.” — page 30
“Contributions of £34,464 (2023 - £32,724) and £96,394 (2023 - £77,408) have been paid to Stoke Gifford PCC in recognition of work carried out by employees who are jointly employed by the PCC and SMCC, for administration and building maintenance of the Church Centre respectively.” — page 30
“During the year, a contribution of £145,000 (2023 - restated to £157,903) was received from Stoke Gifford PCC in recognition of the use of the Church Centre and Old School Rooms for church activities.” — page 30
“Contributions of £34,464 (2023 - £32,724) and £96,394 (2023 - £77,408) have been paid to Stoke Gifford PCC in recognition of work carried out by employees who are jointly employed by the PCC and SMCC, for administration and building maintenance of the Church Centre respectively.” — page 30
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (16/02/2023)
- Received assets from another charity (18/10/2019)
Trustees
- Caroline Sweetnam
- David Robert Pilch
- Kathryn Bridgford
- Richard Fairchild
- Robert James Farrell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £501k | £533k |
| 31/12/2024 | £900k | £624k |
| 31/12/2023 | £736k | £529k |
| 31/12/2022 | £658k | £422k |
| 31/12/2021 | £520k | £330k |
Common questions
Is ST MICHAEL'S CHURCH CENTRE LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total reserves of £6,025,328, with free reserves of £88,350, which is above the stated policy target of £92,933. The Trustees report that the charity remains financially healthy and solvent for the foreseeable future, having fully repaid all external loans during the year. Its FY2024 accounts were audited by Gravita Audit Western Limited.